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Emini S&P 500 Technicals: September 7, 2017

Published 09/07/2017, 09:36 AM
Updated 07/09/2023, 06:31 AM
ESZ24
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September Emini S&P 500

Emini S&P's first support at 2458/57 held perfectly yesterday, but the best support for today should be at 2448/46. Longs need stops below 2442 to target 2436/34 but if we continue lower look for strong support at 2425/23. Try longs with stops below 2416.

First resistance at 2465/66 then the high this week at 2471 with a gap to fill at 2473. Watch for a high for the day within this 2 point band. Shorts need stops above the July high at 2480/81 for a retest of the all time high 2488.50. Obviously a sustained break above here is required to put bulls back in full control.

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